| S.A.L Steel Ltd |
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| Registered Office: 5/1 Shreeji House 5th Floor,Behind M J Library Ashram Road,Ahmedabad-380006, Gujarat |
| Tel. No: |
| Fax No: |
| Email: sal.investor@salsteel.co.in, niraj.jain@salsteel.c |
| Website: www.salsteel.co.in |
| Public Issue of 42000000 equity shares of face value of Rs 10 each at a price of Rs 14 for cash aggregating Rs 58.80 crore (hereinafter referred to as the issue) by S.A.L. Steel Ltd. ("the company" or "the issuer"). Out of the above 4200000 equity shares of Rs 10 each are being reserved for the shareholders of Shah Alloys Ltd., the promoter. The Net Offer to the public i.e. 37800000 shares would constitute 44.48% of the post issue paid-up-capital of th company. The face value of the equity shares is Rs 10 and the issue price is 1.4 times of the face value. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 01-Nov-2004 | 05-Nov-2004 | ₹14.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 500 | Further Multiples of :500 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 203.31 | IL&FS Investsmart Ltd |
| Project Financed through Current Offer | 58.80 | SBI Capital Markets Ltd |
| Post Issue Equity Share Capital | 84.97 | |
| Issue Price | 14.00 |
| Projects |
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| To part finance setting up various type of units. |
| Promoted By |
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| Rajendra V Shah |
| Ragini R Shah |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
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